Latest Transaction banking News: Finextra Research

Mapping internal and external data with RegTech

Andrew Yuille, Head of Risk Business Solutions, Thomson Reuters, talks about what is driving financial services firms to consider RegTech, how the established institutions are looking at RegTech to help FinTechs and Challenger Banks compete, and how the RegTech landscape is likely to evolve in the next 5 to 10 years.

26 March 2018

Company update/Transaction banking

BNI Europa and Varengold provide £135 million funding to MarketInvoice platform

Business finance company MarketInvoice has signed agreements with Portuguese bank Banco BNI Europa (BNI) and German bank Varengold Bank AG to add £90 million and £45 million respectively on its platform.

26 March 2018

Company update/Transaction banking

Penta introduces business banking and company incorporation platform

Berlin based fintech Penta is taking a big step in its bid to further help businesses save time on their banking.

26 March 2018

News/Transaction banking

Swift to deliver end-to-end tracking of all payment messages crossing the network

Swift is extending its gpi Tracker to cover all payment instructions sent across the network, enabling member banks to achieve full visibility over payments activity.

23 March 2018

News/Transaction banking

EBAday 2018 zones in on fintech

Finextra and the Euro Banking Association are inviting some of Europe's most promising early-stage startups to present their ideas to banking delegates attending EBAday 2018, Europe's leading payments and transaction banking event.

23 March 2018

News/Transaction banking

OakNorth moves into profit

UK challenger bank OakNorth is reporting $10.6 million in profit in its second year of operation, moving into the black from a £2.4 million loss in 2016.

21 March 2018

Company update/Transaction banking

Aldrich makes $26 million investment in procure-to-pay startup Paymerang

Aldrich Capital Partners has made a $26 million growth investment in Paymerang, LLC, a leading provider of electronic payment solutions for businesses.

21 March 2018

Company update/Transaction banking

Nucleus Software adds trade finance portal to transaction banking platform

Nucleus Software, the leading provider of lending and transaction banking solutions to the global financial services industry, today announced the latest version of its transaction banking solution called FinnAxia 5.0 and introduces Trade Finance portal.

21 March 2018

Finextra TV/Transaction banking

Fortune favours the bold in the face of Brexit

Darrell King, Director, Axis Corporate, talks about the key challenges and opportunities Brexit creates for the UK financial services industry, whether banks are thinking enough about the impact of Brexit on their clients and what steps they can take to ensure client service and experience don’t suffer as a result of Brexit.

21 March 2018

News/Transaction banking

Swift Business Forum Canada - live blog

Welcome to Finextra's live coverage of the Swift Business Forum Canada 2018 in Toronto. This event will focus on important issues affecting the financial industry, exploring how far, and how fast, the transformation of financial services will take place in Canada and beyond.

21 March 2018

Company update/Transaction banking

Yes Bank applies robotic process automation to import/export document submissions

YES BANK, India’s fourth largest private sector bank has launched a new robotics based ‘Digital Export and Import’ Payments solution as a part of its comprehensive YES TRANSACT Smart Trade product suite, to help Importers and Exporters significantly improve their operational efficiencies and fast-track payments.

20 March 2018

Company update/Transaction banking

Ebury connects to Faster Payments with Form3

Form3, the cloud technology provider of Payments as a Service processing for banks and regulated fintechs, today announced that Ebury, one of the fastest growing fintechs for corporate global transaction services is now live with its real-time service on UK Faster Payments.

20 March 2018

Company update/Transaction banking

Funding Xchange concludes £1.5m funding round

Funding Xchange (FXE), the platform set to transform the small business finance scene, has raised £1.5M in Series A funding, led by Calibrate Management Ltd and Kimera.

19 March 2018

Company update/Transaction banking

MarketInvoice reaches £2b milestone

Business finance company MarketInvoice has today reached the landmark milestone of having advanced £2b worth of invoice finance and business loans to UK companies.

19 March 2018

Company update/Transaction banking

FSB publishes report on decline in correspondent banking; makes remittance recommendations

The Financial Stability Board (FSB) today published two reports as part of its work to assess and address the decline in correspondent banking relationships (1) a progress report on the FSB action plan to assess and address the decline in correspondent banking and (2) a stocktake on remittance service providers’ access to banking services, including recommendations to improve accessibility.

16 March 2018

Company update/Transaction banking

Accenture completes trial of ocean-going blockchain platform

A consortium comprising AB InBev, Accenture, APL, Kuehne + Nagel and a European customs organization has successfully tested a blockchain solution that can eliminate the need for printed shipping documents and save the freight and logistics industry hundreds of millions of dollars annually.

16 March 2018

Finextra TV/Transaction banking

Emerging trends around regulatory risk and compliance

Stacey English, Head of Regulatory Intelligence, Thomson Reuters, talks about the latest cost of compliance trends around regulatory risk and compliance trends including the availability of budget and resources for firms investing in the future, what compliance challenges firms face and what impact technology in the remit of the compliance function is having in practice.

15 March 2018

Company update/Transaction banking

Ex-bankers launch global trade finance asset distribution platform

Former investment bankers Christoph Gugelmann and Nils Behling have launched Tradeteq, a cloud-based platform allowing trade finance originators and institutional investors to connect and transact.

15 March 2018

Company update/Transaction banking

Qupital Hong Kong strikes deal with Alibaba

Qupital, Hong Kong's first online invoice financing service provider, has formed a partnership with Alibaba.com, the leading wholesale marketplace for global trade, to strengthen its own invoice financing platform to facilitate trade for small and medium-sized enterprises (SMEs) in Hong Kong.

15 March 2018

Company update/Transaction banking

OFX releases developer portal with international payments API

Foreign currency exchange company OFX today announced the launch of a developer portal, designed to provide the global developer community with turn-key access to the company’s new International Payments API.

15 March 2018